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In most nations,including the U.S.,if people could have only one child,more would prefer which sex?
Average Variable Costs
The total variable costs of production divided by the quantity of output produced.
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, and insurance.
Average Variable Cost
The total variable cost per unit of output, obtained by dividing total variable costs by the quantity of output.
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